• Ryanair Holdings average return on tangible equity for 2023 was 29.9, a 3834.21% decline from 2022.
• Ryanair Holdings average return on tangible equity for 2022 was 0.76, a 104.3% increase from 2021.
• Ryanair Holdings average return on tangible equity for 2021 was -17.67, a 129.18% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.